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DYNAMICS REVS RISE 29 PERCENT Featured

 Dynamics keeps rolling along at a strong rate. Microsoft this week said the product line saw a 29-percent increase year-over-year for the second quarter ended December 31.

Dynamics 365 revenue was up 45 percent and Microsoft expects more of the same for Fiscal 2022. “And in Dynamics, we expect revenue growth in the mid-20% range driven by strength in Dynamics 365, including continued momentum in Power Apps,” CFO Amy Hood said during this week’s earnings webcast. The company also said the last quarter saw 161-percent revenue growth for Power Apps, but as with the rest of the Dynamics Apps, actual amounts are not reported. CEO Satya Nadella said Dynamics continues “to take share as companies turn to our expanding portfolio of business applications.” Nadella noted strong demand for the Dynamics Supply Chain Insights Module, given the supply chain issues during the pandemic. Overall, it was a strong quarter. Net income reached $17.9 billion, an increase of 14 percent from $15.7 billion for last year’s corresponding period. Revenue for the most recently completed period was $22.2. billion, up 24 percent from $17.9 billion a year ago.

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